Trump Gas Tax Holiday 2026: What a Federal Gas Tax Suspension Actually Saves You

# Trump Gas Tax Holiday 2026: What a Federal Gas Tax Suspension Actually Saves You

> **Quick answer:** Trump told CBS News on May 11, 2026: "We're going to take off the gas tax for a period of time." The federal gas tax is 18.4 cents per gallon. At current prices of $4.52/gallon (AAA), a full pass-through would save the average driver roughly $130–$150 over a summer suspension — but state-level data shows only 58–87 cents of every dollar in tax cuts typically reach consumers. Congress must vote on this, and it has never passed a federal gas tax holiday in over 50 years of trying.

With gas prices at a four-year high of $4.52 per gallon, Trump's statement about suspending the federal gas tax landed fast. But the gap between "taking off the gas tax" and actual dollars back in your wallet is significant — and understanding it before you plan around the savings matters.

This article is for informational purposes only and does not constitute financial advice. Consult a qualified financial advisor for personal financial decisions.

## What Trump Said — and What Energy Secretary Wright Added

On May 11, 2026, President Trump told CBS News directly: "We're going to take off the gas tax for a period of time, and when gas goes down, we'll let it phase back in."